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Wednesday, 24 January 2024

Crude now below $80/barrel, govt may offer pre-poll relief

Consumers can expect a reduction in fuel prices as oil prices have dropped, giving the government room to bring down the cost of living. The decline in oil prices has increased marketing margins for state-run fuel retailers, allowing them to turn a profit. This is the best time for the government to cut fuel prices economically and politically.

from Times of India https://ift.tt/KBzEFrQ

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